Latest News - page 257

 

Vroon, Jisco Extend Nautical Aisya AWB Partnership

Feb 17, 2020

JISCO Marine and Vroon Offshore Services Singapore have signed a two-year extension agreement for the management of the Accommodation Work Boat (AWB) Nautical Aisya. This renewal will extend the JISCO and VOS Singapore cooperation until at least the end of February 2022…

ALP to Tow Giant Coral Sul FLNG from S. Korea to Mozambique

Feb 17, 2020

Dutch ocean-towing company ALP will tow Eni's giant FLNG vessel Coral Sul (South) from South Korea to Mozambique, and will also assist with the mooring operations once on location.ALP on Monday said that TechnipFMC and JGC had contracted it…

Rubicon Demands Payment from KrisEnergy

Feb 17, 2020

KrisEnergy, an oil company focused on Southeast Asia, has been served a claim by Rubicon demanding a $2.84 payment in relation to a 2014-charter of the Rubicon Vantage FPSO, deployed at KrisEnergy's Wassana field as an FSO. Rubicon has, according to KrisEnergy…

Magseis Fairfield Sells OBN to Asian Client

Feb 17, 2020

Magseis Fairfield, a marine seismic acquisition company specializing in Ocean Bottom Node surveys, has signed a system sales contract for the delivery of Z100-nodes to an existing client in Asia. The Oslo-listed surveyor said the delivery complemented…

Shell Confirms Coronavirus Case at Singapore Refining Site

Feb 17, 2020

A contractor working at Shell's Pulau Bukom manufacturing site in Singapore has contracted the new coronavirus, the company said on Friday, as the city-state reported its biggest jump in new cases so far. The Bukom manufacturing site in Singapore houses Shell's biggest wholly-owned refinery…

North Sea Oil Worker Tests Negative for Coronavirus

Feb 17, 2020

A North Sea oil worker who had developed what were believed to be new coronavirus symptoms has tested negative.The worker, a crewmember on Taqa’s Tern Alpha platform, was reported to have had “minor symptoms after returning recently from holiday in Thailand…

Coronavirus Leaves China-bound Tankers Stranded

Feb 14, 2020

The coronavirus's effect on energy markets is worsening, as the sharp fall in demand in China, the world's largest importer of crude, is stranding oil cargoes off the country's coast and prompting shippers to seek out other Asian destinations…

Woodside Pushes Back Browse FID Again

Feb 14, 2020

Australian oil and gas giant Woodside has delayed the long-expected Final Investment Decision for the massive Browse gas development off W. Australia again. The offshore area comprising the Brecknock, Calliance, and Torosa fields - the Browse resource - sits in the offshore Browse Basin…

CNOOC, Oz LNG Player Ratings Unaffected by Force Majeure

Feb 14, 2020

S&P Global said on Thursday that China National Offshore Oil Corp's (CNOOC) recent declaration of force majeure on some liquefied natural gas (LNG) imports will not affect its ratings or that of Australian LNG exporters.CNOOC, China's biggest LNG importer…

KrisEnergy Ditches Vietnam Block to Focus on Cambodia

Feb 14, 2020

Southeast Asia-focused oil company KrisEnergy has agreed to transfer its Block 115/09 offshore Vietnam to an undisclosed international oil company.Debt-laden KrisEnergy said it would transfer its entire 100% working interest in Block 115/09 for nominal cash consideration…

Woodside Wins Senegal Case

Feb 14, 2020

Australian oil and gas company Far has lost a case against its compatriot Woodside in which it challenged Woodside's acquisition of ConocoPhillips' stake in the SNE field off Senegal in 2016, claiming pre-emption rights. The field is now known as Sangomar…

Coronavirus Knocks 4 Asia-bound LNG Tankers Off Course

Feb 14, 2020

Four liquefied natural gas (LNG) tankers bound for North Asia have changed destination or diverted after the coronavirus outbreak hit gas demand in China, the world's second-biggest buyer of the super-chilled fuel, five sources said. In addition…

Woodside: Weak LNG Prices, Coronavirus Slowing Projects

Feb 13, 2020

Australia's Woodside Petroleum Ltd warned on Thursday the coronavirus outbreak is hampering its efforts to seal gas deals and sell stakes in a key growth project, as it reported a 25% drop in annual underlying profit. The profit fall was in…

Indonesia: State Firm to Manage Upstream O&G Business

Feb 13, 2020

Indonesia plans to set up or designate a state firm to carry out upstream oil and gas activities, to try to curb red tape and regulations that are blamed for hindering investment in Southeast Asia's biggest economy. The government of President…

Virus Outbreak Weighs on China's Gas Demand

Feb 12, 2020

Several analysts cut their gas demand forecasts for China, the world's top gas importer, as the fast-spreading coronavirus outbreak is expected to depress industrial, commercial and transportation appetite over the next few months.Estimates…

Current News

POSH Set to Tow Nguya FLNG from China to Eni’s Congo Field

Chinese Contractor Secures Offshore Oil and Gas ‘Mega Deal’ from QatarEnergy

DOF Secures Moorings Hook-Up Job in Asia Pacific

Saipem Bags $1.5B Contract for Türkiye Largest Offshore Gas Field

Floating Offshore Wind Test Center Planned for Japan

Synergy Marine Group Completes Conversion of LNG Vessel to FSRU

PTTEP Hires McDermott for Deepwater Subsea Job off Malaysia

TotalEnergies Inks 10-Year LNG Supply Deal with South Korea’s KOGAS

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

PTTEP Greenlights $320M Offshore CCS Project at Arthit Gas Field in Thailand

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